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Bitcoin / Dollar intraday: as long as 69790 is support look for 73870

2024-03-26
778

69790 is our pivot point.

Our preference: as long as 69790 is support look for 73870.

Alternative scenario: the downside breakout of 69790 would call for 68250 and 67330.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 70538 and 69733).

Supports and resistances:

75700 **

74790 *

73870 **

72950

71009 last

70400

69790 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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